Skip to main content

About your Search

20121201
20121231
STATION
FBC 19
LANGUAGE
English 19
Search Results 0 to 18 of about 19
, that was from a detroit city council member. detroit runs out of money very soon, this is a call, publicly, for an obama bailout. so, who is next? california, illinois, good question. raise tax rates on the rich or no deal. yeah, the line has been drawn again. president obama says america is poised to take off, but only if the republicans agree to tax the rich directly. he will only accept higher tax rates. how will speaker boehner respond to that? he speaks within the hour. and how about this, top anchors at a news network visit the white house for a cozy chat with the president. tell us, mr. president, how can we sell your tax the rich policy? citigroup, 11,000 jobs gone. "varney & company" about to begin. having you shipy gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ me announcer ] break from e holiday stress fedex office. >> we'll begin with sad news. dame elizabeth mother of news corporation chairman and chief executive rupert murdoch died at age 103. news po
, really? and the debate on guns front and center. that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus, which ishy he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what haens, which isn't rocketcience. it's just common sense, from td ameritrade. well, having a ton olocations doesn't hurt. a santa to boot! [ chuckles ] rigight, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and waiting in line. i don't have to leave my desk and get upnd go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. stage for all
for citi price rewind. because your daughter really wants that pink castlehing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finde, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. david: joining us one of my favorite people, scott shellidy from the cme. we just heard a lot of talk about how we are heading towards the fiscal cliff, whether they want to or not, i don't care, but the fact is if we do, does that mean we will be hitting another recession? >> well, it's funny how we talk about the fiscal cliff and we ignore the fact that our economy is no better off than we really were say even two years ago. for the fed to come in with 6 1/2% unemployment rate in their last meeting. it would take four to five years of 200,000 jobs per month. we are going to be nowhere near that. these politicians are using that at some sort
high of 393 this year. st. louis, still the standout major city and the average price there, regular under $3, 298 to be precise. i've got two headlines for you on obamacare, number one, the chief executive at aetna says health insurance premiums for some businesses and individuals may double when obamacare arrives. and item two, some ceo's are warning of layoffs when that new medical device tax hits on january the 1st. joining the company now is ed connor, the author of unintended consequences and formerly worked at bain with mitt romney. >> thank you for having me. stuart: this medical device tax, 2.3%, that's not a heavy duty tax. it arrives on january the 1st and these people are talking about layoffs? i think that's a little bit overdone. what say you? >> well, i would agree with you. keep in mind. the company earns 10% on sales and a 25 reduction in profits and impact on the market value of the company. they're going to be very, very cautious, i think this'll be reluctant to pass the prices through, in the short run i think they'll-- >> i'm surprised to hear you say that. you k
for solar city, the solar panel company and i think the ipo is today when it starts trading we'll get back to you then. thanks a lot. i'll show you about the price of gas because it continues to drop. the national average for a gallon of regular down another penny, we're at 3.31 now, diesel 3.97. i've got to tell you, it's still the highest price for gas ever at this time of year. new york still the highest in the continental u.s., 3.78 in new york, that's the average and missouri the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especi
and stranding a lot of travelers across the country and dumping inches of snow in some cities, actually feet in some areas. roadways in the northeast covered with snow, again, two feet of snow in some areas. big delays in a lot of airports. big headaches for holiday travelers, that storm is blamed for the at least six deaths. if congress and the president can't come up with a plan and we dive on that fiscal cliff, look what would happen to the average federal taxpayers, the average taxpayer is roughly 50,000 bucks a year and that person would pay a extra, 1238 per year in taxes. in fact, every taxpayer would pay more if we go over that cliff. clearly, that would be a hit to the overall economy. and who is going to get the blame for that. noel clemente is here. i've got to believe that the republicans will get the blame for this, do you agree? >> right now, it's hard to say, because the house is the only body in washington that's actually passed anything to deal with the taxes, to deal with the spending side. fiscal cliff, they've passed bills and right now, no matter what the public blame ma
to that city's mayor. a trooper retires with a pension of $175,000 a year thanks to unused sick days. will union defender phil diane support that? he'll be with us. e-mail us right now, and at varney@foxbusiness.com. and we'll start with oracle, the software company, profits up, selling more software and yes, the stock is up a buck. not a bad gain for oracle. general mills makes cereals like lucky charms, sales in the last 13 week period, virtually unchanged for the company's stock. fedex, disappointing forecast, took a hit because of sandy, the storm. none of less up two bucks higher. plx technology, the sec is trying to block the proposed takeover. and say the deal would create a near monopoly for circuits, and not a clue what they do. delphi automotive, added to the s&p 500, good news for the stock because the fund managers now have to buy it. and this company went into bankruptcy protection and emerged in '09 and because of the u.k. it's up. health net enrollment for health plans in corporations next year, it's down. pfizer cutting 600 jobs and 20% of the sales force that is. sal
. the other night i left the fiscal cliff behind and took a walk through new york city. it was great. the lights, the christmas tree, rockefeller center, crowds of people with their children. was such a switch. "varney and company" will not walk away from the fiscal cliff but we will bring you the real america, the responsible america, the way it is and the way it ought to stay. i hope you all have a wonderful american weekend. test test. there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarilcomfortable sleep number experience. an exclusive collectioof innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that alls you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep
next. [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. david: president obama cutting his hawaii vacation short to get back to washington to discuss the fiscal cliff. let's check the big board and see how the market is looking just days before americans could plunge off that cliff. it's been pretty steady at about mid 20s to the plus side on the dow. well, netflix shares are down as it blames amazon for outages that hit the streaming video service on christmas eve, more than 27 million subscribers could have been affected after an outage at an amazon web service center in virginia. full service was restored on christmas day. the compa
of the continental u.s. and missouri is the lowest. 3.01. missouri has the only major city we found with the average price of regular we called a two handle. and in the next hour, the gas buddy joins us and where you can find the cheapest gas in your area. and 10:45. new figures from the u.s. census bureau shows about 100,000 more people left california than moved in. that's a net out migration in 2011. shockingly enough, mike reagan was not one of them. he joins us now bright and early from los angeles. thank you for getting up so early in los angeles, we appreciate it, mike. now-- >> you've got it. thank you very much. stuart: i thought i'd get you out, sorry about that. why are all of these people leaving? conventional wisdom has it, it's taxes, taxes, taxes. is it something more? >> how about lack the education? the school system used to be number one is now 49th in the country and taxes another reason for it, cost of living another reason for it and no vision into the future that's going to get better and somebody said in california the houses are free. and the weather is what costs you money.
from now, president obama visits a suburb of detroit. in that near bankrupt city asks for a bailout. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fex office. >> two big stories coming togethe
zealand and australia, auckland, sydney, the first cities in the world to celebrate the new year, i guess new zealand is over the cliff. sydney and japan and australia, and either on the edge of the cliff or just tipped over. all right. that's new year's eveover seas, let's check in on the celebration at home. lauren simonetti from times square, i have only one observation, unless you're drinking heavily, drunk as a skunk you're going to be cold tonight, isn't that right? >> or this morning, i've got my hand warmers over here, my space heater over year, stuart. >> really? >> in 1917. i'm so glad i wasn't alive then. stuart: a question for you. >> go ahead. stuart: in america we say you have goose bumps when you're very cold. in england we say you're hen-fleshed. are you either this morning? >> i am both, put together. times a hundred. stuart: excellent. >> i look like rudolph with my nose. stuart: may i recommend you wear a hat and i'm losing my hair and-- >> i do, i have a hat with me as well as ear warmers just not for this hit. can i tell you some things going on behind me today? >> no
to give you pension benefits retroactive for all present and past employees. then of course you had cities and counties who followed suit. that's why places like vallejo and stockton and san bernardino are filing for bankruptcy. stuart: i put it to everyone around this table, it's very difficult to get out of this because that is a promise made. we promised you, police officers, prison guards, everyone else, we promised you this. it is in your contract. we made a promise. in some states it is in the state constitution. but we made a promise. how do you get out of a promise? david: ask president obama that when he was dealing with the gm bondholders. remember those promises that were made to the gm bond holders, the secured bondholders where they rescinded their deals in order to carry ahead with the bailout of the auto companies. it has happened before, but i would say it's got to be focused on the contracts being made now for future contracts. california is going to have to eat a lot of these bad contracts. stuart: mark, as they eat these contracts, and david is right, they have to pay th
to pay taxes in that city. you might not like the administration of government, you might not like -- you will pay city taxes or you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has gone up 10%. the employment level in non right to work states like michigan has gone 1%. don't you think there's something to be said for being right to work in terms of getting more jobs to your state? good jobs at a toyota or honda? >> there is no more pro-business mayor in the state or the country but i can tell you as you know as a business reporter there tweet types of lies, lies, damn lies and statistics. i didn't make that up but i can show you statistics the other way that
in new york city. and we're following the apple story throughout today's program and right at the opening bell, a big name that you know and probbbly own, that's apple. what's it doing wrong? where will it open? pre-market, by the way, was down $9. below 530. buying opportunity? who knows. the opening bell though, that's next. can your hearing aid do this? lyric can. lyric can. lyric can. lyric by phonak is the world's only 24/7, 100% invisible hearing device. it's tiny. t lyric's not just about what you can't see. it's about what it can do. lyric can be worn 24/7 for up to four months, without batty changes. incredibly easy to live with, lyric can be worn showering, sleeping and exercising. in fact, you might forget it's there at all. call for a risk--free trial. and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatom (testimonial section) (testimonial section) (ttimonial section) did you know, 94% of people o use lyric would recommend lyric to a friend or loved one. can your hearing aido
bells ♪ silver bells ♪ silver bells ♪ it's christmastime in the city [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use e news links breaki stories with possible breakout stocks, options with potential opportunity, futur and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making new trade commission free for 60 days, plus get up to $600 when you open an account. ♪ [ engineevs ] ♪ [ male announcer ] ohwhat fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male annncer ] lea a 2013 e350 for $579 a month at your local mercedes-benz deale stuart: the rich in america donate big-time to charities. but who is paying for the deductions they get from the federal government for doing so? i'm not sure that really works, but anyway, an editorial piece from the washington post says, and i quote, the total charitable deduction will amount to
're following apple all morning long, downgraded by citi. 2 million share sales of its iphone in china this weekend and it's at 508 i see. >> this is the one we've been watching throughout the morning because it's been all over the place. now it's lower. right, we checked it moments before the pre-market and we saw it it at 510 and then it was down to 508 in negative territory and now virtually flat and record sales in china, but concerns about the supply, the asian supplier, and [inaudible] neutral from a buy and a price target reduction so the new price target, 575. that's down 675, not good if you were really hoping for apple to take off to a thousand. stuart: you know, it's nothing these days for analysts to shift their target price for apple by $100 in a single move. 675? oh, no, no, 575. now, that's quite a shift, is it not? no? >> it is a big shift and now what happened, as soon as it crossed 575, the price target, it's, you know, that's a big deal, right? and keep up with the time. >> it's called horizon forecasting, that's what it is. nicole, thank you very much indeed. dow is
assault weapons? liz: cities have been doing it right asking people to forfeit and hand over their guns. i don't want to live in a country with everybody having a gun. it is a terrible lawful or if it trend given what happened last friday. stuart: anything to add? charles: i think the nra will say something to the effect that they are willing to compromise with respect to certain, quote, assault rifles but the notion, you bring up a great point because the same people that say there's no way to round up thirty million illegal immigrants and get out of the country are saying we could round up three hundred million guns and dispose of them in yucca mountain somewhere. stuart: last friday's horrific effect in connecticut that created a >> in public opinion, it was an event which will change future policy. no matter what -- charles: when the president spoke he immediately said he was for the second amendment. [talking over each other] liz: senator john rockefeller as saying listen, the impact of violent video games have to be taken into account. hollywood remains silent on the impact on genera
? it goes up for sale early next year. >> january 30th. stuart: will sit in an auction room in new york city, taking bids from all over the world by computer and people with paddles in the audience. and you are expecting more than $5 million. >> that we are hoping for. you never know on the day. >> you will be disappointed. >> i will be disappointed if it does not sell for more than $10 million. between $5 billion and $10 million of the stuart: speech was on money. it was a real pleasure. all whole company avant-garde. thank you for bringing it in the studio. i want to look at it closely. i want to appreciate art for playing the heart. gerri: beautiful. stuart: it is beautiful. one west question. madonna and child and pomegranate. what is with that? >> pomegranate was a symbol of christ's death and resurrection so the child is often seen holding pomegranate. stuart: i didn't know that. thank you very much. surprise surprise, the world did not end, we're all still here, no super volcanoes or oversize tsunamis. the p.t. barnums of this world would have been proud. charles has reaction. ri her
Search Results 0 to 18 of about 19